Which of the Following Statements About Mortgage Markets Is/are True

question 8

Multiple Choice

Which of the following statements about mortgage markets is/are true?
I. Mortgage companies service more mortgages than they originate.
II. Servicing fees typically range from 2% to 4%.
III. Most mortgage sales are with recourse.
IV. The government is involved in the residential mortgage markets.

• A) I, III, and IV only
• B) II, III, and IV only
• C) I, II, and IV only
• D) II and III only
• E) I and IV only

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